Enhanced Yield Fund

Enhanced Yield Fund

The fund is an enhanced money market product and will be meaningful to a wide range of investors looking to enhance the returns on their cash allocations.

The fund’s objective is to achieve an annualised return in excess of 0.75% over USD cash (as defined as the US Secured Overnight Financing Rate – SOFR) measured over rolling 12-month periods. The Fund will seek to achieve its investment objective by investing directly or indirectly in a highly diversified portfolio of USD denominated debt securities and money market instruments with maximum expected maturities of five years. The portfolio is managed on a short duration basis, with a maximum allowable interest duration of one year.

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